Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) Short Interest Update

Invesco ESG NASDAQ 100 ETF (NASDAQ:QQMG) was the recipient of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 49,554 shares, a drop of 19.5% from the February 12th total of 61,559 shares. Based on an average trading volume of 21,313 shares, the short-interest ratio is presently 2.3 days. Currently, 1.2% of the company’s shares are short sold. Currently, 1.2% of the company’s shares are short sold. Based on an average trading volume of 21,313 shares, the short-interest ratio is presently 2.3 days.

Hedge Funds Weigh In On Invesco ESG NASDAQ 100 ETF

Large investors have recently modified their holdings of the stock. Federation des caisses Desjardins du Quebec purchased a new stake in Invesco ESG NASDAQ 100 ETF during the 4th quarter valued at $41,000. CWM LLC purchased a new position in Invesco ESG NASDAQ 100 ETF during the third quarter worth $48,000. Mcguire Capital Advisors Inc. purchased a new position in Invesco ESG NASDAQ 100 ETF during the fourth quarter worth $57,000. AE Wealth Management LLC increased its position in Invesco ESG NASDAQ 100 ETF by 191.6% during the third quarter. AE Wealth Management LLC now owns 2,283 shares of the company’s stock valued at $94,000 after acquiring an additional 1,500 shares during the last quarter. Finally, KFA Private Wealth Group LLC purchased a new stake in shares of Invesco ESG NASDAQ 100 ETF in the fourth quarter valued at $206,000.

Invesco ESG NASDAQ 100 ETF Price Performance

Shares of NASDAQ QQMG opened at $41.06 on Tuesday. The business’s 50 day moving average is $42.02 and its two-hundred day moving average is $41.87. Invesco ESG NASDAQ 100 ETF has a 1-year low of $27.34 and a 1-year high of $44.04. The stock has a market capitalization of $172.45 million, a P/E ratio of 34.79 and a beta of 1.19.

Invesco ESG NASDAQ 100 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a $0.0447 dividend. This is a positive change from Invesco ESG NASDAQ 100 ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Monday, December 22nd. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.4%.

Invesco ESG NASDAQ 100 ETF Company Profile

The Invesco ESG NASDAQ 100 ETF (QQMG) is an exchange-traded fund that is based on the NASDAQ-100 ESG index. The fund tracks an index of NASDAQ-100 stocks screened and weighted based on various environmental, social, and governance criteria. QQMG was launched on Oct 27, 2021 and is managed by Invesco.